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Thrive Tribe Technologies (ASX:1TT) Days Inventory : 0.00 (As of Dec. 2024)


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What is Thrive Tribe Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thrive Tribe Technologies's Average Total Inventories for the six months ended in Dec. 2024 was A$0.01 Mil. Thrive Tribe Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.00 Mil.

The historical rank and industry rank for Thrive Tribe Technologies's Days Inventory or its related term are showing as below:

ASX:1TT's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.035
* Ranked among companies with meaningful Days Inventory only.

Thrive Tribe Technologies's Days Inventory declined from Dec. 2023 (374.13) to Dec. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thrive Tribe Technologies's Inventory Turnover for the six months ended in Dec. 2024 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Thrive Tribe Technologies's Inventory-to-Revenue for the six months ended in Dec. 2024 was 11.00.


Thrive Tribe Technologies Days Inventory Historical Data

The historical data trend for Thrive Tribe Technologies's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thrive Tribe Technologies Days Inventory Chart

Thrive Tribe Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Thrive Tribe Technologies Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 374.13 - -

Competitive Comparison of Thrive Tribe Technologies's Days Inventory

For the Software - Application subindustry, Thrive Tribe Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thrive Tribe Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Thrive Tribe Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thrive Tribe Technologies's Days Inventory falls into.


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Thrive Tribe Technologies Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Thrive Tribe Technologies's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Thrive Tribe Technologies's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0 + 0.011) / 1 ) / 0*365 / 2
=0.011 / 0*365 / 2
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thrive Tribe Technologies  (ASX:1TT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Thrive Tribe Technologies's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Thrive Tribe Technologies's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Thrive Tribe Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Thrive Tribe Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Thrive Tribe Technologies Business Description

Traded in Other Exchanges
N/A
Address
19-29 Martin Place, Level 57, MLC Centre, Sydney, NSW, AUS, 2000
Thrive Tribe Technologies Ltd provides customers with a cloud-based Saas App that enables them to communicate with employees in a mobile, collaborative, and effective manner. The Company is organised into two operating segments: Thrive Tribe Technologies which is Product development and investment operations including short term share trades; Wooboard Software-as-a-Service products which includes Sale of cloud based Software as a Service products that enabled subscribed companies; and Kumu Group Pty Ltd Two-sided platform allows for creators and members to create new connections-testing phase.

Thrive Tribe Technologies Headlines

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